Active

2306 Waverly St

Oakland CA, 94612

$2,000,000


$191.57 per sqft

Active

10,440 sqft

Residential

Built in 1911

The property is a well-maintained 12-unit apartment building located in Downtown Oakland, just steps from Lake Merritt. The property consists of two (2) 2 bedroom 1 bathroom units and ten (10) 1 bedroom 1 bathroom units with fourteen (14) off-street parking spots. Two units will be delivered vacant upon close of escrow. The property boasts beautiful 1900s architecture, hardwood floors, and period-appropriate details. The property offers over $100,000 of annual rental upside allowing a new owner to maximize their return over time. This highly sought-after location will continue to attract premium tenants and maintain a low vacancy rate. 2306 Waverly Street is located in Downtown Oakland steps from Lake Merritt. This property is less than a mile from the 19th Street BART station with easy access to interstates 580 and 880 for seamless connection to the entire San Francisco Bay Area. Residents enjoy endless amenities in Uptown, Downtown, and Lake Merritt, including Whole Foods, just a 5-minute walk away. The properties are walkable to both Kaiser Permanente (Oakland's Largest Employer) and Sutter Health Alta Bates Medical Center (Oakland's Second Largest Employer), earning a near-perfect Walk Score of 97!

41060912

MLS ID

May 24, 2024

Listed

December 17, 2024

Updated

Map

2306 Waverly St
Oakland CA, 94612

Interior Features

Appliances

Gas Water Heater


Floor Description

Hardwood Flrs Throughout, Partial Carpeting


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Steam

Exterior/Building Features

Lot Size

0.18 Acres


Lot Features

Regular


Roof

Composition


Sewer

Public Sewer

Other Property Details

Area Name

Oakland


Garage

No


Parking

Space Per Unit - 1


View

No


County

Alameda


Water Source

Public


Pool

No

Listing History

Date

Event

Price

7/1/2024

Price change

$2,000,000

-14%

Listed by Timothy Warren with NAI Northern California
Listing Contact: 510-336-4719 

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